Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: The Phoenix who wrote (51090)	7/31/1998 5:10:00 PM
From: Tech Bull	of 61433

If my math is correct, about 15% of ASND's floating stock turned over today. I think alot of folks that still had profits bailed, so, the theory goes, we now have solidified our base to bounce off of. Also, regarding SRA, I like their financials - especially SRA's PE of 14. If ASND can leverage the technology and get some momentum behind the SRA side of the business... Painfully long on ASND, and in even more today.

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